Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

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Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Cap'n Cat »

http://www.msnbc.msn.com/id/33529806/ns ... d_economy/

WASHINGTON - The U.S. economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It's the strongest signal yet that the economy has entered a new, though fragile, phase of recovery and that the worst recession since the 1930s has ended.

"This welcome milestone is just another step, and we still have a long road to travel until the economy is fully recovered," said Christina Romer, President Barack Obama's chief economist. "It will take sustained, robust ... growth to bring the unemployment rate down substantially. Such a decline in unemployment is, of course, what we are all working to achieve."


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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by danefan »

Money money money money! Money!
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Cap'n Cat »

Conks cashing in up-and-down with their left hand, giving Obama the finger with the other! Typical Conk doublespeak.


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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Cleets Part 2 »

Cap'n Cat wrote:Conks cashing in up-and-down with their left hand, giving Obama the finger with the other! Typical Conk doublespeak.


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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by AZGrizFan »

Stock market falls back below 10,000!

Thanks donks! :roll: :roll: :roll: :roll:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Cap'n Cat »

AZGrizFan wrote:Stock market falls back below 10,000!

Thanks donks! :roll: :roll: :roll: :roll:

Fvck, Z, instead of letting it build some momentum, you and Tman and Hoagie took profits to buy your daughters new Mercedes!

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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by AZGrizFan »

Cap'n Cat wrote:
AZGrizFan wrote:Stock market falls back below 10,000!

Thanks donks! :roll: :roll: :roll: :roll:

Fvck, Z, instead of letting it build some momentum, you and Tman and Hoagie took profits to buy your daughters new Mercedes!

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"Thanks, Daddy!! Milk the "Obamaconomy" for all it's worth!!!! If you weren't my dad, I'd blow you. Oh, WTF, let's get a room!"

Why would you make a post about a car, and then not post a picture with a car in it? :shock:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Cap'n Cat »

AZGrizFan wrote:
Cap'n Cat wrote:

Fvck, Z, instead of letting it build some momentum, you and Tman and Hoagie took profits to buy your daughters new Mercedes!

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"Thanks, Daddy!! Milk the "Obamaconomy" for all it's worth!!!! If you weren't my dad, I'd blow you. Oh, WTF, let's get a room!"

Why would you make a post about a car, and then not post a picture with a car in it? :shock:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by ASUG8 »

Business Cycle 1
Obama 0
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Cap'n Cat »

ASUG8 wrote:Business Cycle 1
Obama 0
:roll:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by ASUG8 »

Cap'n Cat wrote:
ASUG8 wrote:Business Cycle 1
Obama 0
:roll:
No worries, Cap'n. Once the Dems finally figure out which convoluted health care proposal they'll back, then BHO can concentrate on bottling his tears to cure cancer. :lol: Congrats to the Dems on solving our economic woes. :nod: :rofl:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Ivytalk »

That includes the "cash for clunkers effect" and other one-off effects of government pump-priming. :roll:

The economist quoted on the msnbc blog said, "The consumer, in fact private demand in general, is not ready yet to pick up the growth baton from the government." And if Obamacare and cap-and-tax pass, that baton will stay on the ground, folks.

So thanks loads, Barry. :thumbdown:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by houndawg »

AZGrizFan wrote:Stock market falls back below 10,000!

Thanks donks! :roll: :roll: :roll: :roll:
It's just killing some people that a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence. :nod:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by wkuhillhound »

As long as I don't have a job, the economy hasn't recovered. :nod:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by AZGrizFan »

houndawg wrote:
AZGrizFan wrote:Stock market falls back below 10,000!

Thanks donks! :roll: :roll: :roll: :roll:
It's just killing some people that a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence. :nod:
No, what's KILLING people is that dumbasses like you give ANY credit to the PRESIDENT for what happens in the economy. :rofl: :rofl: :rofl: :rofl:

Perhaps you've heard of this thing called a "business cycle"? :kisswink:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Cap'n Cat »

houndawg wrote:
AZGrizFan wrote:Stock market falls back below 10,000!

Thanks donks! :roll: :roll: :roll: :roll:
It's just killing some people that a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence. :nod:

Our nation's (not so) dirty secret.




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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by ChetSteadman »

Hey Cappy...who was responsible for pulling America out of the Jimmy Carter recession? Was that Obama, too?
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Cap'n Cat »

ChetSteadman wrote:Hey Cappy...who was responsible for pulling America out of the Jimmy Carter recession? Was that Obama, too?
Hey, Chet, do some research and find out. Wasn't Reagan. Were were in recession for a few more years after he came to office. This Obama shit is virtually immediate!

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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by Wedgebuster »

Jobs are over-rated in my book.. you just trading your time for someone else's money.. also stands for Just Over Broke!

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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by HI54UNI »

Is this part of the "W" shaped economy that some are predicting?
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by ASUG8 »

This recession has different metrics - too many variables introduced since the last measure.
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by SeattleGriz »

houndawg wrote:
AZGrizFan wrote:Stock market falls back below 10,000!

Thanks donks! :roll: :roll: :roll: :roll:
It's just killing some people that a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence. :nod:
Really? Maybe it is because I live in liberal Seattle, but I have yet to hear anyone disparage Barack for being black. All animus I have heard, has been directed at Barack's policy and not his skin color.

I ask, because I am not surrounded by prejudice and am really curious to know if this is happening in your neck of the woods.
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by houndawg »

AZGrizFan wrote:
houndawg wrote:
It's just killing some people that a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence. :nod:
No, what's KILLING people is that dumbasses like you give ANY credit to the PRESIDENT for what happens in the economy. :rofl: :rofl: :rofl: :rofl:

Perhaps you've heard of this thing called a "business cycle"? :kisswink:
Nonsense, Herbert. If McCain were in the White House and drooling in his porridge between whiffs on the oxygen bottle you'd be assuring us that it was his fault we're pulling out of the Bush Recession. :nod:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by houndawg »

SeattleGriz wrote:
houndawg wrote:
It's just killing some people that a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence. :nod:
Really? Maybe it is because I live in liberal Seattle, but I have yet to hear anyone disparage Barack for being black. All animus I have heard, has been directed at Barack's policy and not his skin color.

I ask, because I am not surrounded by prejudice and am really curious to know if this is happening in your neck of the woods.
You are safely ensconced in America, whereas I, in southernmost Illinois, am right on the border that separates America from Dumbphuckistan and experience on a daily basis the poisonous vapor of hatred emanating from the nearby red states and wafting across the land. :coffee:
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Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!

Post by ASUG8 »

If we had no president we'd be pulling out of the recession now. Also, your grandkids wouldn't be saddled with a ton of debt right out of the womb, but I digress.
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